89bio (Nasdaq: ETNB), an Israeli clinical-stage biopharmaceutical company focused on innovative therapies for liver and cardiometabolic diseases, has entered into a definitive merger agreement with Roche, in a deal worth up to $USD 3.5 billion The merger marks a significant milestone for 89bio, reinforcing its mission to advance breakthrough treatments in the biopharma sector. Sidley […]
Author: Nicole Levy
Greenberg Traurig’s Tel Aviv office has advised on a series of high-value cross-border financings totalling more than USD 50 million, underscoring its key role in connecting Israeli and US markets. The Tel Aviv and Miami offices represented PriceMDs, a U.S. healthcare technology company specialising in pricing transparency solutions, in securing a USD 20 million senior […]
Israel’s tech sector raised USD 11.9 billion in the first three quarters of 2025, up 13% from the previous year, according to Startup Nation Central’s latest report. Despite a 22% decline in deal volume, investors showed growing confidence in scalable ventures, with median deal sizes climbing 50% year-over-year to a record USD 10.5 million. M&A […]
A new report by Earth & Beyond Ventures and Deloitte Catalyst has mapped Israel’s fast-growing semiconductor and AI hardware ecosystem, identifying 70 startups that have collectively raised around USD 5.5 billion. These ventures span processing, sensing, communications, memory, power, and semiconductor infrastructure, underscoring Israel’s outsized influence in global chip innovation. The report notes that Israel […]
October 21-22, 2025, Tel Aviv A&O Shearman will return as a Gold Sponsor for Fintech Week Tel Aviv 2025 and Chapman and Cutler will return as a Bronze sponsor, reinforcing their commitment to innovation and global financial technology leadership. Taking place on 21–22 October, the event will bring together leading founders, investors, regulators, and advisers […]
Pentera, a leading Israeli cybersecurity company specializing in automated security validation, has acquired DevOcean, a cloud-native security management platform. Founded in 2021 by Doron Naim and Gil Makmel, both former CyberArk executives, DevOcean develops a cloud-native platform that streamlines remediation operations across infrastructure, cloud, code, and applications. The acquisition strengthens Pentera’s ability to deliver end-to-end […]
Phoenix Insurance has acquired an 86% stake in Wobi, a leading Israeli price comparison platform for insurance, in a deal valued at up to NIS 150 million. The acquisition expands Phoenix’s digital reach while maintaining Wobi’s operational independence and brand neutrality for consumers across Israel. S.Horowitz & Co. advised Wobi and its majority shareholders, led […]
Shikun & Binui Energy, a leading Israeli renewable energy developer, on securing approximately NIS 798 million in project financing from Bank Leumi. The funds will support the development and operation of nine solar projects with integrated storage across Israel. Erdinast, Ben Nathan, Toledano advised Shikun & Binui on the landmark transaction, with the team comprising […]
LevelBlue, a U.S.-based cybersecurity company specializing in managed detection, response, and threat intelligence, has acquired Cybereason, an Israeli-founded cybersecurity firm known for its advanced endpoint protection and threat-hunting technology. Once valued at USD 2.73 billion during the 2021 tech boom, Cybereason saw its valuation fall sharply to USD 475 million by October 2023, according to […]
U.S. healthcare data platform Datavant has acquired DigitalOwl, an Israeli insurtech company that uses AI to analyze and summarize medical data, in a deal valued at over USD 200 million. The acquisition strengthens Datavant’s position as a leader in health data exchange, enabling advanced interoperability and data-driven insights across the healthcare ecosystem. Herzog represented Datavant, […]
